>> i am not aware of any major tax issues from the fiscal cliff. going down the road you definitely have some issues. there is the need for a new highway bill. they have trouble passing this. our gas taxes are the way we pay for new roads. i think that is short-term. over the long term given that we're going to need some revenue one of the most sensible places to raise revenue would be through a carbon tax is somethi. you can go to the c-span fiscal cliff website to get all the latest information, www.cspan.org/fiscalcliff. you should be checking back over the next 48 hours. guest: a deadline this afternoon. senator reid has said he will bring a bill to the floor that is what the president has asked for. i would not call it a plan b but it is clearly a fallback. bring ae're going to bill to the floor. it is an increase of taxes. eliminate single the amt or 2012 and extending unemployment. it would be those three elements. he would be st. negotiate with me and we can get something better. i would expect this to be filibustered. it plays right into w